2, OLD FURNACE CLOSE, LYDNEY, GL15 5FB - £184,000

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

2 OLD FURNACE CLOSE is a very large extended semi-detached house of 139m², built sometime between 1983 and 1990, which could now be worth an estimated £364,591. It was last sold for £184,000 in April 2004, which was around 40% above the average April 2004 semi-detached price in the Forest of Dean local authority area. The most recent EPC inspection was June 2024, where the current energy rating was C, and the potential energy rating was B.

2 OLD FURNACE CLOSE Sold Prices

Land registry data shows three sales for 2 OLD FURNACE CLOSE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average semi-detached price in the Forest of Dean local authority area for the corresponding sale date. All of the three 2 OLD FURNACE CLOSE sales were for above the average price. The average price is sourced from the Office for National Statistics' House Price Index (HPI).

Date	Price	HPI Price	Variation from HPI
2004 29 APR	£184,000	£131,815	40% above HPI
2002 5 JUN	£128,250	£86,332	49% above HPI
2000 31 JAN	£89,300	£61,394	45% above HPI

2 OLD FURNACE CLOSE Price Paid vs. HPI Average

The below graph shows the average semi-detached house price in the Forest of Dean local authority area over time, sourced from the HPI. The three 2 OLD FURNACE CLOSE sales between January 2000 and April 2004 have been plotted on the graph. A line has been extrapolated to show what the value of the property might have been over time, following each sale, had it maintained the same margin above or below the HPI (as a percentage). For example, the June 2002 sale was for 49% above the HPI. So the extrapolation line tracks at 49% above the HPI over time, until the April 2004 sale, where it falls to 40% above the HPI. The line then continues to track at 40% above the HPI.

What might 2 OLD FURNACE CLOSE be worth now?

2 OLD FURNACE CLOSE might now be worth an estimated £364,591.

This is based on house price inflation of 98.1%, between April 2004 and February 2025, for semi-detached houses, in the Forest of Dean local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 98.1% inflationary increase is applied to the most recent sale price for 2 OLD FURNACE CLOSE of £184,000 on 29th April 2004. For the value to have increased from £184,000 to £364,591 over the 21 years and two months to February 2025, the following assumptions must hold true:

• The value of 2 OLD FURNACE CLOSE has moved in line with the HPI for semi-detached houses in the Forest of Dean local authority area.
• The April 2004 sale price of £184,000 represented a fair market value for the property.
• The size, condition, and specification of 2 OLD FURNACE CLOSE has not materially changed since April 2004.

How Large is 2 OLD FURNACE CLOSE?

2 OLD FURNACE CLOSE is 139m², which includes two extensions, according to the EPC inspection conducted in June 2024. This puts it in the largest 20% of semi-detached houses houses in Lydney, based on EPC data. The below chart shows the distribution of semi-detached houses houses by size in Lydney, and where 2 OLD FURNACE CLOSE lies on this distribution: 85% of semi-detached houses houses are smaller than 2 OLD FURNACE CLOSE, and 15% of houses are larger. Note that EPC data is not available for all properties in Lydney.

2 OLD FURNACE CLOSE: Plot and Title Map

2 OLD FURNACE CLOSE sits on a plot of roughly 0.080 of an acre, or 322m². The below map shows the location of 2 OLD FURNACE CLOSE, an approximate outline of the building(s), and the indicative extent of the property. The plot extent is a Land Registry INSPIRE Index Polygon, and it is important to note that a title may include more than one polygon, whereas only one polygon is shown on the map (the polygon which intersects with the position of 2 OLD FURNACE CLOSE). The full extent of the land contained in any registered title can only be identified from the individual title plan. The maps on this page should not be relied upon to establish the extent of a title.

Where is 2 OLD FURNACE CLOSE?

2 OLD FURNACE CLOSE is located in LYDNEY, in the GL15 postcode district. The below map shows the position of No. 2 on OLD FURNACE CLOSE.